The following provides a summary of cash, cash equivalents, and restricted cash reported within the unaudited condensed consolidated balance sheets that reconciles to the corresponding amount in the unaudited condensed consolidated statement of cash flows:


(In thousands)	September 26, 2025		June 27, 2025
Cash and cash equivalents	$	64,831	$	59,690

Restricted cash included in long-term other assets	2,296		2,323
Total cash, cash equivalents, and restricted cash	$	67,127	$	62,013


(In thousands)	September 26, 2025		June 27, 2025
Finished products	$	55,323	$	55,972
Raw materials and supplies	27,191		26,273
Customer service inventories	1,497		1,734
Total inventories	$	84,011	$	83,979
Consigned inventories included within raw materials and supplies	$	23,239	$	21,047

The Company records charges to adjust inventories due to excess and obsolete inventory resulting from lower sales forecasts, product transitioning or discontinuance. The charges incurred during the three months ended September 26, 2025 and September 27, 2024 were included in cost of product sales as follows:


	Three Months Ended
(In thousands)	September 26, 2025		September 27, 2024
Excess and obsolete inventory	$	62	$	310
Customer service inventory write-downs	13		191
Total charges	$	75	$	501


(In thousands)	September 26, 2025		June 27, 2025
Prepaid and other current assets	$	13,398	$	14,423
Taxes	10,635		10,128
Contract manufacturing assets	10,520		9,164

Total other current assets	$	34,553	$	33,715


(In thousands)	September 26, 2025		June 27, 2025

Buildings and leasehold improvements	$	2,086	$	2,086
Software and equipment	79,868		77,566
Total property, plant and equipment, gross	81,954		79,652
Less: accumulated depreciation	(63,188)		(62,199)
Total property, plant and equipment, net	$	18,766	$	17,453

Included in the total property, plant and equipment, gross were $11.6 million and $10.3 million of assets in progress which have not been placed in service as of September 26, 2025 and June 27, 2025, respectively.

Depreciation expense related to property, plant and equipment, was $0.5 million and 1.3 million for the three months ended September 26, 2025 and September 27, 2024, respectively.


(In thousands)	September 26, 2025		June 27, 2025
Taxes	$	12,204	$	12,467
Compensation and benefits	8,514		9,929
Project costs	4,282		4,573

Warranties	3,542		3,352
Professional fees	1,200		1,412
Commissions	1,378		1,311
Other	4,708		5,853
Total accrued expenses	$	35,828	$	38,897

The Company accrues for the estimated cost to repair or replace products under warranty. Changes in the warranty liability were as follows:


	Three Months Ended
(In thousands)	September 26, 2025		September 27, 2024
Balance as of the beginning of the period	$	3,352	$	2,996
Warranty provision recorded during the period	769		544
Assumed in acquisition	—		406
Consumption during the period	(579)		(436)
Balance as of the end of the period	$	3,542	$	3,510


(In thousands)	September 26, 2025		June 27, 2025
Advance payments	$	16,063	$	11,812
Unearned revenue	57,384		61,923
Total advance payments and unearned revenue	$	73,447	$	73,735

Excluded from the balances above are $8.8 million and $8.1 million in long-term unearned revenue as of September 26, 2025 and June 27, 2025, respectively.